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Q2 2020 UpdateExecutive Welcome Virtual Special Interest Meetings Click to Pay EMVCo to PilotEMV CDCVM Solution ID and Database EMVCo Supports Travel Sector’s FightAgainst Transaction Fraud EMVCo to Support Expanding IIN Numbers EMVCoCreates a New Wireless Task Force EMV Chip Payment Cards Reach 9 BillionWorldwide in 2020 EducationExecutive WelcomeDespite the impact of COVID-19 on our ways of working,EMVCo has had a successful and busy first half of theyear. We have delivered a host of Special InterestMeetings, as well as a number of technical initiatives all ofwhich are detailed in this newsletter.EMVCo held the annual EMV User Meeting for over 200attendees across two webinars on 8 and 11 June. Thesessions delivered insight into EMVCo’s mission, structureand technical priorities, and provided our Associates andSubscribers with direct access to subject matter experts.Thank you to everyone who presented, attended, and shared feedback. The recordingsare now available to watch via the Associate Dashboard.As we move into the second half of the year, work continues across all areas of theorganisation. Remaining 2020 meetings, including the Autumn Board of Advisors andTechnical meetings, will be held remotely. We will resume face-to-face gatherings as soonas it is safe to do so. Please monitor the Associate Dashboard to receive the latestinformation and register for upcoming engagements.In closing, this will be my last newsletter as Chair. The Board of Managers rotates thisposition every 12 months, and Sophie Rainford (who led day two of the EMV UserMeeting) has stepped into the role. We will continue to work together to advance theEMV Specifications and respond to industry requirements.Please continue to keep up to date with EMVCo news via the EMVCo website and onLinkedIn and Twitter.
Mark Rigby,Chair of the EMVCo Board of Managers, 2019 - 2020Virtual Special Interest MeetingsClick to register for upcoming virtual meetings:EMV 3DS Technical Special Interest Meeting (SIM) Call (8 July)Board of Advisors Interim Call and Business SIM (16 July)October 2020 Board of Advisors Meeting (14 October)November 2020 Technical Meeting Call (18 November)Recordings of SIMs held over the past several months are available to watch anytime viathe Associate Dashboard:Business-focused SIMs:Board of Advisors Call (11 March)Single Contactless Kernel (25 March)mPOS (8 April)EMV 3DS (15 April)Technical-focused SIMs:Activities update (22 April)EMV Level 1 Technical (6 May)User Meeting:OverviewEMV User Meeting: EMVCo Technical and Roadmap UpdatesNot yet an EMVCo Associate? Find out more about how to participate.Solutions and ProgrammesBased on the EMV SRCSpecifications are to beknown as Click to PayEMVCo to Pilot EMV CDCVM Solution ID andDatabaseAs the deployment of Consumer DeviceCardholder Verification Method (CDCVM)
EMVCo has confirmed that consumerfacing solutions and programmes basedon the EMV Secure Remote Commerce(SRC) Specifications are to be known asClick to Pay. Adopting this universaldescription enables ease of recognitionfor consumers, and signals that aconsumer can transact confidentlythrough an easy e-checkout, regardlessof the payment card, digital channel ordevice they use. The corresponding Clickto Pay Icon, signals availability atparticipating merchants who are able tovisually display it. The specifications, iconand accompanying documents, includingthe Reproduction Requirements, areavailable from the EMVCo website forusage on a royalty-free basis. Readmore.EMVCo Supports TravelSector’s Fight AgainstTransaction FraudEMVCo has produced guidelines on howthe travel industry can provide data topayment card issuers to better interrogatethe legitimacy of an e-commercetransaction using current paymentauthentication processes. Theseguidelines can help improve e-commercepayment authentication for air travel, withhotel and car rental purchases to follow.EMVCo Associates, the International AirTransport Association (IATA) and traveltechnology company, Amadeus providedsolutions across the payments ecosystemincreases, EMVCo is working to promoteconfidence and consistency by identifyingand addressing specific security,functional and performance needs. Wewill be inviting participation in a pilot of acentralised EMV CDCVM SolutionDatabase shortly, where each registeredCDCVM solution is assigned a unique,short identifier known as an EMV CDCVMSolution ID, together with a set of relatedmetadata of the CDCVM solutions beingentered and maintained in the database.Pilot participants’ feedback will becollected throughout to determineviability. Further information regardingparticipation will be communicatedshortly.EMVCo to SupportExpanding IIN NumbersEMVCo is working to support expandingIssuer Identification Numbers (IIN) asdefined by ISO and IEC. We invitedpublic feedback on our 2nd DraftSpecification Bulletin (DSB) in May whichsummarised the changes being proposedto the EMV Integrated Circuit CardSpecifications for Payment Systems, toensure they evolve to support both futureeight-digit IIN as well as the existing sixdigit format. The new specification bulletinis scheduled to be published by the endof 2020 and become effective in 2021.For more information, read the FAQs.
input alongside Expedia. The EMV 3DSTravel Industry Message Extension isavailable on a royalty-free basis from theEMVCo website.EMVCo Creates a NewWireless Task ForceEMV Specifications do not currentlyaddress the use of wireless technologies(such as Bluetooth and WiFi) for face-toface payments. In response to feedbackreceived from EMVCo Associates,EMVCo has initiated a Wireless TaskForce to evaluate the need and scope forany EMV Specifications in this area. Thegroup aims to identify how wirelesstechnology may enhance the paymentexperience to determine if and how thisshould be addressed by EMVSpecifications. To achieve this, the groupwill focus on identifying a set of keypayment related use cases for wirelessprotocols, typically with a range greaterthan several metres, such as WiFi,Bluetooth or mobile data. As contactlesstechnology including NFC is alreadycovered by EMV Specifications, it is notconsidered as part of this work. Theoutput of this effort will inform thedevelopment of any future EMVSpecifications for the use of wirelesstechnologies for face to face payments.Register for the Board of Advisors InterimCall and Business SIM,16 July to find outmore.EMV Chip PaymentCards Reach 9 BillionWorldwide in 2020EMV Chip technology offers benefits tomerchants, acquirers, card issuers andconsumers by improving face-to-facetransaction security and reducingcounterfeit fraud by enabling transactionson counterfeit cards to be identified anddeclined. Now, there are more than 9billion EMV Chip payment cardsworldwide.View the latest EMVCo infographic whichprovides EMV chip statistics as of Q42019. Key data includes: the number ofEMV chip payment cards in circulationglobally; the percentage of issued cardsthat are EMV; the percentage of cardpresent transactions conducted usingEMV chip technology; a breakdown ofEMV chip card adoption rates; and thepercentage of EMV card-presenttransactions by region.
EducationEMVCo is pleased to introduce EMV Insights, a new educational resource to provideinformation and updates to support EMV understanding. Found on the EMVCo website,and updated regularly by our experts, readers can expect a variety of content, frominsights on the latest EMV technical initiatives, to frequently asked questions (FAQs) andeducational resources that explain the basics of EMV.Visit the EMVCo website to start reading and subscribe to stay up to date on the latestEMV Insights via email. View the latest post to find out how EMVCo is streamlining EMV terminal integration testing and certification.To keep up with the latest from EMVCo, follow us on LinkedIn and Twitter.For more information on EMVCo, please visit www.emvco.com.* EMV is a registered trademark in the U.S. and other countries and an unregisteredtrademark elsewhere. EMV and theicon are trademarks owned by EMVCo, LLC.
merchants, acquirers, card issuers and consumers by improving face-to-face transaction security and reducing counterfeit fraud by enabling transactions on counterfeit cards to be identified and declined. Now, there are more than 9 billion EMV Chip payment cards worldwide. View the latest EMVCo infographic which provides EMV chip statistics as of Q4
